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Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2022

Earnings Per Share [Abstract]

Schedule of Weighted Average Number of Shares Used To Compute Basic and Diluted EPS

The weighted average number of shares used to compute basic and diluted EPS were:

		Three Months Ended								Nine Months Ended
		September 30, 2022				September 30, 2021				September 30, 2022				September 30, 2021
Basic weighted average number of shares outstanding			103,608,135				102,478,095				103,684,048				102,463,511
Stock-based awards			918,090				751,807				746,702				637,686
Convertible senior notes			8,916,530				8,916,530				8,916,530				8,916,530
Diluted weighted average number of shares outstanding			113,442,755				112,146,432				113,347,280				112,017,727

Net Income Available to Shareholders to Compute Basic and Diluted EPS

The net income available to shareholders to compute basic and diluted EPS were (in thousands):

		Three Months Ended								Nine Months Ended
		September 30, 2022				September 30, 2021				September 30, 2022				September 30, 2021
Net income attributable to Parsons Corporation			29,571				19,358				68,533				35,099
Convertible senior notes if-converted method interest adjustment			545				534				1,627				1,593
Diluted net income attributable to Parsons Corporation			30,116				19,892				70,160				36,692

Schedule of Repurchase Program

The table below presents information on this repurchase program:

		Three Months Ended								Nine Months Ended
		September 30, 2022				September 30, 2021				September 30, 2022				September 30, 2021
Total shares repurchased			95,413				245,000				522,501				245,000
Total shares retired			95,413				245,000				522,501				245,000
Average price paid per share		$	41.42			$	35.51			$	37.32			$	35.51

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Tabular disclosure of the effect of income (loss) on an entity's diluted earnings per share.

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